X Makes Its Premium+ Subscription Tier Fully Ad-Free Shortly After Suing Advertisers For Alleged Boycott

X on Thursday announced that Premium+ subscribers will now enjoy an ad-free environment across most areas of the platform, including the For You timeline, Following timeline, post replies, and profiles.

The Premium+ subscription, priced at $20 per month or $210 annually, offers this ad-free experience along with other perks such as the ability to write rich-text articles and receive the largest possible boost for replies. 

But of course, there’s a catch, it’s not really completely ad-free. The company notes that users might occasionally encounter “occasional branded content in less common areas.”

X owner Elon Musk has previously expressed a goal of generating 50% of X’s revenue from subscriptions, reducing the platform’s dependence on advertisers.

Speaking of which, the timing for this change is somewhat strange. X has recently filed a lawsuit against the Global Alliance for Responsible Media (GARM) and the World Federation of Advertisers (WFA), alleging a coordinated effort to steer advertisers away from the platform. This legal action comes amidst a reported 50% drop in ad revenue since Musk’s acquisition of the company in 2022.

Another concern, as pointed out by RawsAlerts, is if “verified accounts with the blue checks, including Premium Plus users, helped with ads” but now they won’t see any more ads, “how do users on this platform make ad revenue and get monetized now?”  



Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why Silver Needs to Slow Down to Go Higher | Dan Dickson – Endeavour Silver

Silver Dips Are Getting Bought, This Is How Breakouts Start | John Feneck

Why $100 Silver Right Now Would Be a Problem | Keith Neumeyer – First Majestic

Recommended

Antimony Resources Planning 10,000 Metre Drill Program For H1 2026

Canadian Copper Closes On Sale Of Turgeon Project In New Brunswick For Cash And Shares

Related News

Elon Musk Proposes To Purchase Twitter At $54.20 Per Share, To Reconsider Stake In Company If Offer Rejected

Fresh off declining a position on the Twitter (NYSE: TWTR) board of directors, likely due...

Thursday, April 14, 2022, 07:50:19 AM

Texas Attorney General Launches Investigation Against Twitter Over Bot Accounts

Attorney General Ken Paxton on Monday issued a Civil Investigative Demand (CID) to launch an...

Wednesday, June 8, 2022, 04:30:00 PM

Elon Musk’s Neuralink ‘Show & Tell’ Event Moved to November 30

Billionaire Elon Musk announced on Sunday — on Twitter, of course — that Neuralink’s ‘show...

Monday, October 24, 2022, 03:07:00 PM

Musk Team’s Legal Move Backfires, Ends Up Revealing X’s Full List of Investors

A federal judge has ordered Elon Musk’s X to make public its list of shareholders,...

Thursday, August 22, 2024, 11:04:00 AM

Apollo Global, Sixth Street Both Out Of Twitter Buyout Financing; Elon Musk Says They Were Never In

In a fresh “much-ado-about-nothing” moment with Elon Musk, the billionaire quelled the splash made by...

Thursday, October 6, 2022, 10:24:45 AM